Transcend Capital Advisors LLC Acquires 424 Shares of JPMorgan Active Value ETF (NYSEARCA:JAVA)

Transcend Capital Advisors LLC boosted its holdings in shares of JPMorgan Active Value ETF (NYSEARCA:JAVA) by 7.8% in the fourth quarter, HoldingsChannel reports. The fund owned 5,826 shares of the company’s stock after acquiring an additional 424 shares during the period. Transcend Capital Advisors LLC’s holdings in JPMorgan Active Value ETF were worth $324,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. LPL Financial LLC increased its stake in shares of JPMorgan Active Value ETF by 102.0% during the third quarter. LPL Financial LLC now owns 1,604,146 shares of the company’s stock valued at $82,229,000 after purchasing an additional 810,183 shares in the last quarter. Avior Wealth Management LLC increased its position in JPMorgan Active Value ETF by 26.1% during the 4th quarter. Avior Wealth Management LLC now owns 756,031 shares of the company’s stock valued at $42,050,000 after buying an additional 156,415 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in JPMorgan Active Value ETF by 40.6% during the third quarter. Janney Montgomery Scott LLC now owns 462,260 shares of the company’s stock valued at $23,695,000 after buying an additional 133,467 shares during the last quarter. Raymond James & Associates increased its holdings in shares of JPMorgan Active Value ETF by 7.5% during the fourth quarter. Raymond James & Associates now owns 452,635 shares of the company’s stock valued at $25,176,000 after acquiring an additional 31,771 shares in the last quarter. Finally, WNY Asset Management LLC increased its stake in JPMorgan Active Value ETF by 9.2% during the 3rd quarter. WNY Asset Management LLC now owns 416,157 shares of the company’s stock valued at $21,332,000 after purchasing an additional 35,091 shares in the last quarter.

JPMorgan Active Value ETF Price Performance

JAVA stock opened at $58.57 on Tuesday. JPMorgan Active Value ETF has a 1-year low of $48.47 and a 1-year high of $60.06. The business has a fifty day moving average price of $58.18 and a 200-day moving average price of $55.28. The stock has a market capitalization of $1.07 billion, a P/E ratio of 19.02 and a beta of 0.78.

About JPMorgan Active Value ETF

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.